DAVID: THE JETS, THE JEWELS, THE SPECTACLE OF BERKSHIRE HATHAWAY WEEKEN THREE-DAY, -- FOR THREE DAYS WARREN BUFFETT'S INFLUENCE ON SEE. MR. BUFFETT: ALL KINDS OF GOOD THINGS HAVE HAPPENED IN OMAHA. OMAHA IS A TERRIFIC CITY. DAVID: BUT BEYOND THE SHAREHOLDERS' IS HIDING IN PLAI EVERY DAY OF THE YEAR. MR. BUFFETT: I THINK IT'S TERRIFIC, AND IT MAKES ME FE ME 50, 60 YEARS AGO, OVERWHELMINGLY THEY'VE USED THE MONEY FOR PHILANTHROPIC PURPOSES. [APPLAUSE] JOHN: I HOPE HE TAKES A LOT OF PRIDE IN IT BECAUSE I THINK IT'S ABSOLUTELY AMAZING. DAVID: THIS IS THE STORY OF THOSE WHO TRUSTED WARREN WITH A NEST EGG DECADES AGO, AND WHO CHOSE TO GIVKE OMAHA A BETTER PLACE. DAVID: D YOUR PHILANTHROPY EXIST WITHOUT BERKSHIRE HATHAWAY? RUTH: NOT AT ALL. IT'S ALL DUE TO BERKSHIRE HATHAWAY. DAVID: THIS IS KETV NEWSWATCH 7 "CHRONICLE: THE BUFFETAHA'S FINE PERFORMING ARTS. THANKS FOR JOINING US. I'M DAVID EARL. THE HOLLAND CENTER IS JUST ONE EXAMPLE OF THE BUFFETT IMPACT, A GIFT TO THE CITY FINANCED MOSTLY THROUGH DONATIONS. ♪ DAVID: RICHARD AND MARY HOLLAND WORKED HARD FOR THEIR MONEY, AND GAVE A LOT OF IT BACK TO OMAHA SO DID BILL AND RUTH SCOTT, STANLEY THURLSEN, CARL MAMMEL. THE COMMON THREA ALL, THEY CROSSED PATHS EARLY IN LIFE WITH WARREN BUFFETT. IN THE 1950'S, THEY FOUND A TRUSTWORTHY YOUNG MAN, WHO MANY RECOGNIZED AS A GENIUS, IN TUNE WITH HOW TO BUILD WEALTH. MOST WHO INVESTED WITH HIM EARLY ON MADE A FORTUNE, AND MANY HAVE GIVEN SO MUCH BACK. [APPLAUSE] DAVID: THAT BRINGS US TO WHY WE'RE HERE. WARREN BUFFETT IS NOT A MAN WHO SPENDS A LOT OF TIME IN INTERVIEWS. BUT HE AGREED TO SIT DOWN WITH US TO TALK ABOUT HIS FRIENDS AND THE IMPACT THEY'VE MADE WITH THE MONEY THEY FIRST ENTRUSTED TO HIM. MR. BUFFETT: I THINK IT'S TERRIFAND IT MAKES ME FEEL GOOD THAT THE PEOPLE WHO JOINED ME 50, 60 YEARS AGO, OVERWHELMINGLY THEY'VE USED THE MONEY FOR PHILANTHROPIC PURPOSES. DAVID: SOME MET HIM FIRST IN THE VOLUNTEERED TO TEACH. IT WAS A FOUR-WEEK COURSE IN INTELLIGENT INVESTING AT WHAT WAS THEN OMAHA UNIVERSITY. DICK: I WAS QUICKLY QUITE AN ADMIRER OF HIM. I'D EVER RUN INTO ANYBODY WHO EXPLAINED INVESTMENT STRATEGIES IN A WAY THAT I THOUGHT MADE A HELL OF A LOT OF SENSE. MR. BUFFETT: THERE WERE FRIENDS E WHO WOULD COME OUT AND TAKE THOSE CLASSES, AND I MEANT -- I MET A LOT OF NICE PEOPLE THROUGH TEACHING EARLY ON. DAVID: SOME OF THE STUDENTS BECAME CLIENTS, AND GAVE THEIR MONEY TO BUFFETT TO INVE A FEW MOMENTS IN TIME THAT CHANGED LIVES, AND CHANGED OMAHA. MR. BUFFETT: THAT $7 MIL STARTED WITH IN 1962, WHIC CAME 1956. THAT WAS OVERWHELMINGLY OMAHA MONEY. DAVID: AND THAT'S WHERE RUTH AND BILL SCOTT COME IN. RUTH: WE WENT WITHOUT A LOT OF THINGS THAT YOUNG KIDS DON'T GO WITHOUT TODAY TO START OUR NEST EGG, SO WE HAD MONEY TO PUT INTO THE BUFFETT PARTNERSHIP. DAVID: BOTH WERE STUDENTS AT THE UNIVERSITY OASKA LINCOLN IN THE EARLY 1950'S. BEFORE THE DECADE WAS OVER, BILL HAD JOINED THE PARTNERSHIP. MR. BUFFETT: AND WE HI HE ALREADY HAD THE SAME INVESTMENT PHILOSOPHY AS ME WE WERE IN SYNC RIGHT FROM THE FROM THE BEGINNING.HE REST, AS T HISTORY. BILL'S WORK MADE HIM, AND HIS WIFE RUTH, QUITE WEALTHY. RUTH: IT'S ALL THE COMPOUND INTEREST, RIGHT JOHN? DAVID: SON JOHN SCOTT JOINED HIS MOM, NOW 88-YEARS-OLD, FOR AN INTERVIEW ABOUT THE FAMILY'S PHILANTHROPY DAVID: YOU DECIDED TO START GIVING DURING YOUR LIFETIMES AND NOT AFTER, AND I WONDER HOW HAS THAT I JOHN: -- RUTH: OH, IT HAD A GREAT IMPACT. ORIGINALLY WE DID NOT INTEND TO DO THAT. WE WERE JUST GOING TO LEAVE IT FOR OUR HEIRS TO DISTRIBUTE,BILL IT WOULD BE MORE FUN TO DO THIS WHILE WE'RE LIVING INSTEAD OF WHEN WE'RE DEAD. IT'S BEEN A BALL. ITDAVID: THE SCOTTS, LARGELY WIT JOHN'S HELP, HAVE GIVEN MILLIONS OF DOLLARS TO CAUSES ALL AROUND OMAHA AND NEBRASKA. N A FARM IN ASHLAND, AND THAT RURAL UPBRINGING INFORMED A LIFETIME OF LIVING. RUTH AND BILL WOULD RECEIVE THE REGENTS MEDAL, THE HIGHEST HONOR THE UNIVERSITY OF NEBRASKA CAN BESTOW. RUTH: WELL, WHEN WE WERE GIVEN THE REGENT'S MEDAL, I DID A LITTLE BACKGROUND ON MY LIFE ON THE FARM, AND AS A CLOSING STATEMENT I MENTIONED THAT WE HAD A MANUAND A PILE OF MONEY WAS NOT THAT MUCH DIFFERENT THAN A PILE OF MANURE, NEITHER ONE DID ANY GOOD UNTIL YOU SPREAD IT AROUND. DAVIONE NO ONE ANY GOOD EITHER IF BILL SCOTT HADN'T JUST WORKED FOR BUFFETT, BUT INVESTED WITH HIM TOO. THE MONEY WOULD GROW AND GROW. THE PATIENCE PAID OFF. RUTH: -- >> PEOPLE LIKE IT WH THEY ARE BETTER OFF BECAUSE THEY'VE GOT LITTLE PIECES OF PAPER THAT THEY CAN CONVERT INTO SOMETHING TERRIBLY USEFUL TO THE COMMUNITY. DAVID: THOSE LITTLE PIECES OF PAPER WARREN TALKS ABOUT ARE SHARES OF BERKSHIRE HATHAWAY. THEY'VE GROWN TO A VALUE OF MORE THAN $300,000 A PIECE IN APRIL 2019. THEY COULD BUY A LOT, BUT WARREN KNOWS HIS FRIENDS WELL. MR. BUFFETT: THEY ARE SATISFIED. VERY SATISFIED WITH THEIR LIVES AND THEY LOOK AROUND AND THEY WANT TO HELP OTHER PEOPLE. AND BILL AND RUTH ARE CLASSICAMP DAVID: RUTH, DOES THE MAGNITUDE OF YOUR PHILANTHROPY EXIST WITHOUT BERKSH RUTH: NOT AT ALL. IT'S ALL DUE TO BERKSHIRE HATHAWAY. DAVID: YOU DON'T HAVE TO LOOKTO PERHAPS NO PLACE HAS CHANGED MORE DRASTIC BERKSHIRE HATHAWAY FORTUNE THAN UNMC. THEY MADE IT FEEL LIKE A CAMPUS, AND THEY HELPED GET THE COLLEGE OF PUBLIC HEALTH A HOME. THE ATTENTION OF THE NATION WAS ON OMAHA AS JETS CARRYING EBOLA PATIENTS FROM AFRICA LANDED HERE. THE AMERICANS ON BOARD WERE SICK WITH KILLER CONTAGION. THEIR HOPE FOR SURVIVAL, THE MEDICAL EXPERTS AT UMMC. >> THIS IS A VERY SERIOUS VIRAL INFECTION, TO SURVIVE YOU BUILD UP ENOUGH ANTIBODIES TO NEUTRALI DAVID: THE BIO CONTAINMENT UNIT WOULD TREAT THREE PATIENTS, TWO WOULD TREAT THREE PATIENPATIENTS SUCCESSFULLY. TREATMENTS EACH OF THE COLLEGE OF HEALTH. RUTH: I THINK THE COLLEGE OF PUBLIC HEALTH WENT IN AT A KEYE PUBLIC HEALTH WITH NO BUILDING FOR ABOUT 10 YEARS. AND THEN WITH THE EBOLA CRISIS I THINK IT PUT OUR COLLEGE OF PUBLIC HEALTH ON THE NATIONAL MAP REALLY FAST. DAVID: INVESTMENTS AT UMMC HAVE A GOAL FOR THE SCOTT'S. THEY ARE FOCUSED ON OUTCOMES, ON LIVES MAY BETTER. RUTH: WE ARE TRYING TO MAKE NEBRASKA THE HEALTHIEST STATE IN THE UNION. DAVID: THE LATEST RANKINGS HAVE NEBRASKA FARING WELL, COMING IN AT 15 HEALTHIEST OUT OF 50. OTHER PLACES AT UMMC WERE MADEIT BERKSHIRE WEALTH, TOO. LIKE THE EYE INSTITUTE, NAMED FOR AN OPTIMAL ADJUST WHO METRLY MR. BUFFETT: THEY GAVE ME $10,000 EACH. THEY JUST LET IT RIDE. DAVID: FAMILY DONATIONS BUILT THE FRED AND PAMELA BUFFETT CANCER CENTER. FRED WAS WARREN'S COUSIN WHO DIED AFTER A CANCER FIGHT IN 1990 SEVEN. HIS WIFE SPOKE ABOUT HER LATE HUSBAND IN 2016. JUST MONTHS BEFORE THE BUILDING OFFICIALLY OPENED. >> HEAT WOULD BE SO PROUD TO HAVE HIS NAME ON SUCH A WONDERFUL PLACE, AND IT IS GOING TO GIVE LIFE AND HOPE AND GRACE AND LOVE TO MANY FAMILIES AND CANCER PATIENTS. DAVID: UNO H ONE BUILDING BEARS THE NAME OF EARLY INVESTOR CARL MAMMEL. IT WAS THE LONGEST SINGLE DONATION IN THEIR HISTORY. THE SCOTT'S PRESENCE IS HERE, TOO. THEY HAVE PROVIDED A HOME FROM THE NATIONAL RECOGNIZED BIOMECHANICS PROGRAM. STUDENTS AND RESEARCHERS ARE INVESTIGATING HOW VIRTUAL REALITY CAN HELP S SURVIVORS REGAIN MOBILITY BY3D P PROSTHETICS, AND THEY ARE UNCOVERING NEW MOVEMENT LINKED WARNINGS FOR LEADING DEATH BECAUSE IN AMERICA. >> WE CAN THINK BIG. WE CAN BE INSPIRED TO INNOVATIVE DAVID: THE CHANCELLOR OVERSEES BOTH YOU AND MC AND AND WATCHES THE WORK HAPPENING. >> THE BERKSHIRE INVESTORS IN THE FAMILY OF PHILANTHROPISTS ARE VERY CONCERNED ABOUT BUILDING A SUSTAINABLE FUTURE. RUTH: I LOVE DRIVING BY THE THINGS. EVERY TIME WE DO A PROJECT, I SEND WARREN A LITTLE PICTURE AND SAY, HERE IS SOME OF YOUR MONEY AT WORK. [CHEERING] DAVID: IT'S NOT ALL SCIENCE. DAVID: RUTH SCOTT'S INTERESTS STRETCH BEYOND CLINICS AND LBE J DAVID: CREIGHTON UNIVERSITY CUTW ATHLETIC FACILITY IN 2019. THE ATHLETES ARE ALREADY AFFECTIONATELY CALLING THEIR NEW HOME THE RUTH. >> WE BEGGED TO CALL THIS THE RUTH. THEY DON'T WANT ANYTHING NAMED AFTER THEM. DAVID: CREIGHTON'S VOLLEYBALL COACH EXPLAINS HOW THIS NEW SPACE CAME TO BE. >> WE JUST FINISHED THE CHAMPIONS CENTER AND OUR MEN'S BASKETBALL TEAM HAS TIFUL LOUNGE, AND SHE TURNED TO MARISSA AND IF YOU KNOW RUTH SHE HAS A BEAUTIFUL, HIG VOICE AND SHE SAID DO YOU GUYS HAVE A LOUNGE LIKE MEN'S BASKETBALL? MELISSA SAID, NO, BU NICE LOCKER ROOMS.HE WENT TO RAS AND SAID GET THOSE PLAYERS A LOUNGE. I'LL PAY FOR IT AS LONG AS IT'S NICER THEN MEN'S LOUNGE. RUTH: YES, ANYTHING FO GIRLS. WE HAVE DONE THINGS FOR WOMEN'S ATHLETICS IN THE UNDERSERVED TEA HAVE REALLY BLOSSOMED BECAUSE OF THE FACILITIES. JOHN: WHEN WE TALK ABOUT SUPPORTING ATHLETICS FOR WOMEN IN UNDERSERVED COMMUNITIES, IT'S ABOUT CREATING EQUITY SO THAT EVERYBODY'S GOT AT LEAST SOME LEVEL OF A PLAYING FIELD WHERE EVERYBODY CAN SUCCEED. DAVID: SON JOHN SCOTT HELPS GUIDE HIS PARENTS' DONATIONS. ANDY -- AND HE KNOWS GOOD PARTNERS WHEN HE SEES THEM. JOHN: GREAT LEADERSHIP JUST GOES A LONG WAY FOR SETTING THE TONEO MAKE A DIFFERENCE. DAVID: PERHAPS THAT LEADERSHIPQU FATHER TO WARREN ALL THOSE YEARS AGO. WARREN WILL TELL YOU BILL AND RUTH SCOTT ARE LEADERS IN THEIR OWN RIGHT. MR. BUFFETT: I'M THANKFUL TO BILL FOR ALL HE'S DONE WITHE HAT THANKFUL TO BOTH BILL AND RUTH FOR WHAT THEY'VE DONE WITH THEIR SHARE OF THE PROCEEDS. DAVID: RICHARD AND MARY HOLLAND TOOK THEIR PROCEEDS AND CHOSE TO GIVE BACK IN THEIR OWN WAY. A LASTING LEGACY THAT LL BENEFIT GENERATIONS TO COME. DICK: THERE'S A WHORY TO BE BUILT THAT HAPPENS AFTER YOU DO SOMETHING LIKE THIS. DAVID: THAT'S RICHARD HOLLAND, WITH HIS WIFE MARY, IN A 2005 KETV NEWSWATCH 7 INTERVIEW. THEY'RLTURAL LANDMARK THEY HELPED CREATE IN DOWNTOWN OMAHA, A PERFOR ARTS CENTER THAT BEARS THE FAMILY NAME. A FAMILY FRIEND CHOSE THE SPOT FOR THE PREIMERE OF A DOCUMENTARY ABOUT HIS LIFE. YES, DICK AND MARY HOLLAND WERE CLOSE WITH WARREN BUFFETT, FORMING A LIFE-LONG BOND IN THE 1950'S. MR. BUFFETT: WE'D GOLF TOGETHER, PLAY PING PONG TOGETHER, BRIDGE TOGETHER. AND THEY INVESTED WITH ME. AND DICK REALLY LOVED GIVING BACK TO THE COMMUNITY. HE ENJOYED EVERY MINUTE OF IT. DICK: AND WHAT WE'RE GOING TO DO IS DOUBLE THE SIZE OF THIS BUILDING SO WE CAN ACCOMMODATE AND TAKE CARE OF MORE AND ALL I CAN SAY ABOUT THAT IS, IF THAT ISN'T GOOD FOR OUR COMMUNITY, WHAT IS? DAVID: WHILE THE HOLLANDS CHERISHED TH DEEPLY ABOUT PEOPLE TOO. ESPECIALLY THE YOUNGEST. THE CHILD SAVING INSTITUTE'S CAMPUS BEARS MARY'S NAME.MARY: A US WISH WE HAD LOTS LONGER TO LIVE BECAUSE THERE IS SO MUCH TO DAVID: MARY HOLLAND DIED INR HUS 2013. DICK ONCE SAID, IF YOU'VE HAD THE GOOD FORTUNE TO EARN A FORTUNE, SHARE IT GENEROUSLY WITH OTHERS. SO MANY IN HOLLAND'S HOME TOWN HAVE BENEFITED FROM A FRIENDSHIP LASTED A LIFETIME. MR. BUFFETT: I'VE REALLY NEVER BEEN DISAPPOINTED WITH MY GOOD FRIENDS. SOME I CALL MY HEROES. BUT I'VE HAD THE GOOD LUCK THAT THE PEOPLE I'VE REALLY LIKED AND ASSOCIATED WITH AND IN SOME CASES THEY WERE TEACHERS TO ME , THEY HAVE NEVER REALLY LET ME DOWN. DAVID: AND THERE ARE OTHER HERO CHAMPIONS OF COMMUNITY PROJECTS PROVIDING NEW OPPORTUNITY AND NEW HOPE. >> IF YOU LIVE IN THE NEIGHBORHOODS THAT KIND OF RING THIS SITE, IT'S GOT TO BE EXCITING TO SEE SOME LIFE COMED: ON GENERATIONS TO COME. SUSIE: WE HAVE ABOUT 4000